WisdomTree U.S. MidCap Fund (NYSEARCA:EZM) Reaches New 52-Week High – Still a Buy?

WisdomTree U.S. MidCap Fund (NYSEARCA:EZM)’s stock price hit a new 52-week high on Monday . The company traded as high as $75.50 and last traded at $75.30, with a volume of 12390 shares trading hands. The stock had previously closed at $75.30.

WisdomTree U.S. MidCap Fund Stock Up 0.4%

The business has a 50-day simple moving average of $71.92 and a two-hundred day simple moving average of $69.81. The stock has a market capitalization of $926.36 million, a P/E ratio of 12.98 and a beta of 1.00.

Institutional Trading of WisdomTree U.S. MidCap Fund

A number of large investors have recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of WisdomTree U.S. MidCap Fund during the fourth quarter worth $48,000. Cassaday & Co Wealth Management LLC bought a new stake in shares of WisdomTree U.S. MidCap Fund during the first quarter worth $50,000. Advisory Services Network LLC bought a new stake in shares of WisdomTree U.S. MidCap Fund during the third quarter worth $73,000. Franklin Resources Inc. bought a new stake in shares of WisdomTree U.S. MidCap Fund during the fourth quarter worth $114,000. Finally, Jones Financial Companies Lllp grew its holdings in shares of WisdomTree U.S. MidCap Fund by 86.5% during the third quarter. Jones Financial Companies Lllp now owns 1,943 shares of the company’s stock worth $128,000 after purchasing an additional 901 shares during the last quarter.

WisdomTree U.S. MidCap Fund Company Profile

WisdomTree MidCap Earnings Fund (the Fund) seeks investment results that correspond to the price and yield performance of the WisdomTree MidCap Earnings Index (the Index). The Index is a fundamentally weighted index that measures the performance of earnings-generating companies within the mid-capitalization segment of the United States stock market. The Index consists of the companies in the top 75% of the market capitalization of the WisdomTree Earnings Index after the 500 largest companies have been removed.